Mirion Technologies Inc [NYSE: MIR] price plunged by -0.54 percent to reach at -$0.11.
The one-year MIR stock forecast points to a potential downside of -4.18. The average equity rating for MIR stock is currently 1.20, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Mirion Technologies Inc [MIR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MIR shares is $19.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MIR stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Mirion Technologies Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on September 26, 2024, representing the official price target for Mirion Technologies Inc stock. Previously, the target price had yet another raise to $11, while Citigroup analysts kept a Buy rating on MIR stock.
The Price to Book ratio for the last quarter was 3.14, with the Price to Cash per share for the same quarter was set at 0.83. Price to Free Cash Flow for MIR in the course of the last twelve months was 57.48 with Quick ratio for the last quarter at 1.69.
MIR Stock Performance Analysis:
Mirion Technologies Inc [MIR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.02. With this latest performance, MIR shares gained by 5.97% in over the last four-week period, additionally plugging by 15.89% over the last 6 months – not to mention a rise of 17.02% in the past year of trading.
Insight into Mirion Technologies Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Mirion Technologies Inc [MIR] shares currently have an operating margin of 4.85% and a Gross Margin at 36.19%. Mirion Technologies Inc’s Net Margin is presently recorded at -1.15%.
Return on Equity for this stock declined to -0.38%, with Return on Assets sitting at -0.38%.
MIR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MIR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mirion Technologies Inc go to 19.47%.
Mirion Technologies Inc [MIR] Institutonal Ownership Details
The top three institutional holders of MIR stocks are: GOLDMAN SACHS GROUP INC with ownership of 37.98 million shares, which is approximately 18.7826%. VANGUARD GROUP INC, holding 21.89 million shares of the stock with an approximate value of $$235.05 million in MIR stocks shares; and VANGUARD GROUP INC, currently with $$214.6 million in MIR stock with ownership which is approximately 9.8822%.
